One Of The BEST IPOs Is Coming Soon! Mobileye Initial Public Offering By Intel Corp. INTC Stock

According To The Wall Street Journal
Intel (NASDAQ:INTC) +7.2% post-market following a Wall Street Journal report that the company is planning to publicly list shares in its Mobileye self-driving car unit, which could value the unit at more than $50B.

Mobileye's revenues have roughly tripled since Intel bought the company in 2017 for ~$15B.

CEO Pat Gelsinger has pledged big investments to revive the company's engineering leadership; he took over the top post at Intel earlier this year.

Intel will still own a majority stake in Mobileye. But now the market will help them unlock the value of that asset. If Tesla is valued at a trillion based mostly on their FSD. Think about what Mobileye could be worth when they have already announced a L4 production ready vehicle robotaxi in Munich coming next year. They are getting buried under the Intel tech node story.